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Tag: altcoin news

The cryptocurrency industry’s market cap recently fell to its lowest state in over a year after a long period of stability. According to a CNBC interview with entrepreneur Alexis Ohanian, published on November 16, 2018, the founder of Reddit believes that the cryptocurrency price crash may be a necessary step for the industry to mature and provide tremendous value over…

KuCoin recently raised $20 million in funding in a Series A round led by Venture Capital Firms and included IDG Capital, Matrix Partners, and NEO Global Capital. According to the Straits Times’ article published on November 15, 2018, the cryptocurrency exchange is excited to leverage the newly raised capital and strategic partners to help expand their global reach, develop technology,…

The phenomenal rise in the price of Bitcoin and cryptocurrencies in late 2017 saw a lot of new cryptocurrencies, particularly ICOs flood the crypto space. The increase in the number of cryptocurrency projects was met with a proliferation in the number of crypto exchanges. As at the time of writing this article, there were over 200 crypto exchanges on CoinMarketCap….

Ahead of Bitcoin Cash’s (BCH) impending fork on November 15, 2018, miners maintaining the network may be taking two different paths for the protocol if data from Coin Dance is considered. Competition in Decentralization The two teams, Bitcoin ABC and Bitcoin SV, led by Bitcoin Cash proponent Roger Ver and CoinGeek CEO Calvin Ayre respectively, are engaged in a fierce…

Last week, cryptocurrency mining company Bitfarms filed a preliminary prospectus with the Ontario Securities Commission (OSC) in a bid to offer public shares on one of Canada’s most prominent bourses, reported Calcalistech on November 12, 2018. Shifting to Booming Canada Bitfarms CEO Wes Fulford noted Canada has “one of the most active public markets” in the burgeoning blockchain sector, with…

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B2BX, a European digital assets exchange that supports major cryptocurrencies like bitcoin (BTC), ether (ETH), NEO (NEO), monero (XMR) and several others, has gotten approval from the Estonian Financial Intelligence Unit (FIU), making it one of the cryptoassets exchanges to be entirely regulated in crypto-friendly Europe, reported Finance Magnates on November 11, 2018. B2BX Gets Regulators Greenlight Per sources close…

The Colorado Securities Commissioner Gerald Rome has recently issued an immediate cease and desist orders to four companies undergoing initial coin offerings (ICOs). According to DCEBrief’s article published on November 11, 2018, the Colorado Division of Securities has already cracked down on 12 ICOs that have violated the Colorado Securities Act. Task Force Hunts Down Fraudulent ICOs The Colorado Department of…

A rumor on the Internet about RippleNet integrating with the SWIFT Network gained traction, driving up the price of Ripple’s token (XRP) to $0.55 on November 6, 2018. According to a PYMNT’s article published on November 7, 2018, the rumor was quickly denied by a SWIFT spokesperson who mentioned that SWIFT’s technical update is entirely unrelated to Ripple. SWIFT Denies…

Blockchain-based payments startup Travacoin is seeking $1.7 million via traditional funding methods to reimburse airline customers in the event of travel disruption, reported Irish Times on November 8, 2018. Airline Passengers to Receive Crypto Flight delays and cancellations are an incredibly common occurrence. As per data from FlightStats, over 470,000 flights were delayed, and 27,000 were canceled in October 2018….

Trezor, the cryptocurrency hardware wallet brand from Satoshi Labs, has launched a firmware update for their Model One and Model T cryptocurrency wallet which has added support for Monero, Cardano, Stellar, Ripple, Tezos, Decred, Groestlcoin, Lisk, and Zencash, the company announced in a blog post on November 7, 2018. Updates Developed by the Community for the Community One of the…

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